_:nf1018444f48c45a2b78ce1e9a7ccbac9xb0
<http://schema.org/articleBody>
"<div class=\"sdc-article-body sdc-article-body--story sdc-article-body--lead\" data-component-name=\"sdc-article-body\">\n                        \n                            <p>UK home sales slumped by 62% last month as activity in the market cooled following a scramble to meet a stamp duty holiday deadline, official figures show.</p><p>The number of residential property sales fell to 82,110 in July after hitting 213,120 in June - the highest level on records going back to 2005 - according to HM Revenue and Customs.</p><div class=\"sdc-site-outbrain sdc-site-outbrain--AR_6\" data-component-name=\"sdc-site-outbrain\" data-target=\"\" data-widget-mapping=\"\" data-installation-keys=\"\">\n    <div class=\"OUTBRAIN\" data-src=\"https://news.sky.com/story/home-sales-slump-in-july-after-stamp-duty-holiday-deadline-passes-12389735\" data-ob-template=\"bskyb\" data-widget-placement=\"\" data-widget-id=\"AR_6\" data-is-secured=\"true\">\n    </div>\n</div>\n<p>HMRC said that after the 30 June cut-off for the stamp duty holiday \"an expected but noticeable decrease has been observed\".</p><div class=\"sdc-article-widget sdc-article-image\">\n  <figure class=\"sdc-article-image__figure\"><div class=\"sdc-article-image__wrapper\" data-aspect-ratio=\"16/9\">\n        <img class=\"sdc-article-image__item\" loading=\"lazy\" intrinsicsize=\"768x432\" src=\"https://e3.365dm.com/21/08/768x432/skynews-rishi-sunak-chancellor_5484201.jpg?20210820065259\" srcset=\"https://e3.365dm.com/21/08/384x216/skynews-rishi-sunak-chancellor_5484201.jpg?20210820065259 380w, https://e3.365dm.com/21/08/768x432/skynews-rishi-sunak-chancellor_5484201.jpg?20210820065259 760w, https://e3.365dm.com/21/08/1600x900/skynews-rishi-sunak-chancellor_5484201.jpg?20210820065259 1024w, https://e3.365dm.com/21/08/2048x1152/skynews-rishi-sunak-chancellor_5484201.jpg?20210820065259 2048w\" sizes=\"(min-width: 1024px) 1024px, 100vw\" alt=\"Chancellor of the Exchequer Rishi Sunak arrives at Wolverhampton Art Gallery, during a visit to Wolverhampton to mark the one-year anniversary of the Plan for Jobs. Picture date: Wednesday July 7, 2021.\"></div>\n      <figcaption class=\"sdc-article-image__caption\"><span class=\"sdc-article-image__visually-hidden\">Image:</span>\n        <span class=\"sdc-article-image__caption-text\">Rishi Sunak introduced the tax break last summer</span>\n      </figcaption></figure></div>\n<p>Yet purchases were still 1.8% higher than in July last year when the market remained in the doldrums following the first lockdown.</p><p>The stamp duty holiday <strong><a href=\"https://news.sky.com/story/coronavirus-key-points-on-how-the-government-will-try-to-revive-the-uks-economy-12023905\" target=\"_blank\" rel=\"noopener\">announced last summer</a></strong> helped to revive activity.</p>        <div class=\"sdc-site-layout-sticky-region \" data-interscroller=\"true\" data-format=\"floated-mpu\" data-role=\"sticky-region\" data-component-name=\"sdc-site-layout\">\n            <div class=\"sdc-site-layout-sticky-region__target\">\n                <div class=\"sdc-site-layout-sticky-region__mask\">\n                    <div class=\"sdc-site-layout-sticky-region__content\">\n                        <div class=\"sdc-site-au-wrapper \">\n                                <div class=\"sdc-site-au site-component-vertical-margin\" data-ad-format=\"mpu-1\" data-type=\"\" aria-hidden=\"true\">\n                                    <div class=\"sdc-site-au__mpu-1\" data-role=\"ad-container\" data-config='{\"id\":\"mpu-1\",\"ad-type\":\"mpu-1\",\"showLabel\":true,\"targeting\":[],\"size\":{\"mobile\":[[300,250],[300,600]],\"tablet\":[[300,250],[300,600]],\"desktop\":[[300,250],[300,600]]}}' data-targeting=\"{&quot;platform&quot;:&quot;live&quot;,&quot;advert-targeting&quot;:&quot;'platform': 'live'&quot;,&quot;artId&quot;:&quot;12389735&quot;}\" data-targeting-strnativekey=\"\" data-targeting-platform=\"\" data-tag=\"20346936/skynews/business/content\" data-component-name=\"sdc-site-mpu\" data-peer39-url=\"https://tags.peer39.com/1497/trg_1497.js\" data-peer39-id=\"1497\" data-peer39-timeout=\"2500\" aria-label=\"Advertisement\" id=\"mpu-1\" data-tolerance=\"2\"></div>\n                                        <div data-role=\"ad-label\" class=\"sdc-site-au__label\">\n                                            <span class=\"sdc-site-au__label-text\" data-label-text=\"Advertisement\">Advertisement</span>\n                                        </div>\n                                </div>\n                        </div>\n                    </div>\n                </div>\n            </div>\n        </div>\n<p>It meant buyers would not have to pay any stamp duty on properties worth up to £500,000.</p><div class=\"ad ad--teads\">\n        <div class=\"sdc-site-au \" data-ad-format=\"teads\" data-type=\"\" aria-hidden=\"true\">\n            <div class=\"sdc-site-au__teads\" data-role=\"ad-container\" data-config='{\"id\":\"teads\",\"ad-type\":\"teads\",\"targeting\":[],\"size\":{\"mobile\":[[4,4]],\"tablet\":[[4,4]],\"desktop\":[[4,4]]}}' data-targeting=\"{&quot;platform&quot;:&quot;live&quot;,&quot;advert-targeting&quot;:&quot;'platform': 'live'&quot;,&quot;artId&quot;:&quot;12389735&quot;}\" data-targeting-strnativekey=\"\" data-targeting-platform=\"\" data-tag=\"20346936/skynews/business/content\" data-component-name=\"sdc-site-mpu\" data-peer39-url=\"https://tags.peer39.com/1497/trg_1497.js\" data-peer39-id=\"1497\" data-peer39-timeout=\"2500\" aria-label=\"Advertisement\" id=\"teads\" data-tolerance=\"2\"></div>\n        </div>\n</div>\n<p>The tax break is now winding down with the threshold cut to £250,000 at the end of June and it will return to its usual level of £125,000 at the end of September.</p><div class=\"sdc-article-widget sdc-article-related-stories\" data-component-name=\"sdc-article-related-stories\">\n  \n</div>\n<p>Official figures published last week showed the scramble to complete deals before the end of June had pushed house prices to a <strong><a href=\"https://news.sky.com/story/house-prices-hit-new-record-high-as-stamp-duty-scramble-pumps-up-market-12384461\" target=\"_blank\" rel=\"noopener\">new record high</a></strong>.</p><p>More recent data for July from Nationwide showed prices <strong><a href=\"https://news.sky.com/story/covid-19-housing-market-cools-as-stamp-duty-holiday-tapering-erodes-price-heat-12366241\" target=\"_blank\" rel=\"noopener\">starting to cool</a></strong>.</p>\n                        </div>"
<http://euleader.org/business/home-sales-slump-in-july-after-stamp-duty-holiday-deadline-passes/>